BEIJING (Reuters) - China's annual economic growth could drop below 7 percent in the second quarter, an influential government adviser said in published remarks on Wednesday, the most pessimistic forecast of any government or private-sector economist.

Related

BEIJING (Reuters) - China's annual economic growth could drop below 7 percent in the second quarter, an influential government adviser said in published remarks on Wednesday, the most pessimistic forecast of any government or private-sector economist. Sub-7 percent growth would reflect the pace of the economy during the global financial crisis. China reported economic growth of just 6.6 percent in the first quarter of 2009. ...

BEIJING (Reuters) - China's annual economic growth could fall below 7 percent in the second quarter if weak activity persists in June, an influential government adviser was quoted on Wednesday as saying. The forecast by Zheng Xinli, a former deputy director of the Chinese communist party's policy research office, is among the most bearish by any government and private sector economists. ...

BEIJING (Reuters) - China's annual economic growth could fall below 7 percent in the second quarter if weak activity persists in June, an influential government adviser was quoted on Wednesday as saying.

BEIJING: China's services sector grew at its fastest pace this year in April as a sizzling stock market rally helped boost consumer confidence and spending, a private survey showed on Wednesday. Yet in a sign that China's economy still faces strong headwinds, the HSBC/Markit China Services Purchasing Managers' Index (PMI) showed final prices of services hit a 15-month low in April as some firms were forced to cut prices to lift sales.

India can thank its state leaders, rather than the federal government, for its 7 percent-plus growth rate. Local administrations raised spending on roads, ports and power plants by 29 percent in April to July, according to data from the national auditor. A 1 percent increase in expenditure by states leads to a 0.11 percent lift in gross domestic product compared with a 0.04 percent boost from federal investment, a central bank study showed in 2013.

BEIJING (Reuters) - China's economy slowed markedly in the first two months of the year, with growth in investment, retail sales and factory output all falling to multi-year lows, a surprisingly weak performance that raises the specter of a sharper cooldown.

China's annual economic growth could fall below 7 percent in the second quarter if weak activity persists in June, an influential government adviser was quoted on Wednesday as saying. The forecast by Zheng ...